In the latest episode of the ongoing saga of the Energy Reform in Mexico, the National Hydrocarbons Commission (CNH) announced this morning the foundations for the second stage of Round One. In an extraordinary meeting, CNH Commissioners approved the bidding processes for nine hydrocarbon fields with 2P reserves, located north of the 14 blocks included […]Continue Reading →
The federal government’s decision to cut its public expenditure for 2015 by 2.65%, or MX$124 billion, would not be a major problem if half that cut did not come out of the budget of the national oil company, PEMEX. This amount represents 10.4% of the MX$594.6 billion total expenditure PEMEX […]Continue Reading →
Just as the techniques that are employed in the oil and gas industry have developed and modernized over time, so have the ways that oil platforms operate and the infrastructure that supports them. As such, a number of different structures are built to support oil and gas operations throughout the various stages of an oil field’s life, […]Continue Reading →
Mexico’s Upstream Oil and Gas Industry Ambitions
Why has Mexico placed all of its bets on a constitutional Energy Reform?
Since 2005, a dramatic decrease in national production began taking a toll on the country’s resources. Even though investment was still increasing, PEMEX did not have enough […]Continue Reading →